OPEC crude price rises 16 cents to USD 107.66 pb

VIENNA, July 25 (KUNA) -- Price of OPEC's crude basket increased by 16 cents to USD 107.66 per barrel on Friday compared with its price a day earlier, the organization said Monday.
Bulletin of the Organization of Petroleum Exporting Countries (OPEC) said that the average price of its crude in June was 117.72 and in May 113.87. It recalled that the annual average price of the crude basket, last year, reached USD 69.89 pb.
Energy ministers of the OPEC+ coalition agreed, on June 2, on increasing the production by 648,000 barrels per day in July. (end) amg.ibi